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As of July 10, 2009, the new GM has over $40 billion in cash, with the company's reorganized liability total of $48.8 billion which includes $24.4 billion to be paid to the Voluntary Employee Beneficiary Association (VEBA) trust, $9 billion to the U.S. and Canadian governments, and $15 billion in liabilities to suppliers and other bills. GM was ...
GM plans to launch predominately fuel-efficient cars and crossovers over the next four years, investing $2.9 billion in fuel-efficient technologies and alternative fuels during that time period. By 2012, GM will offer 15 hybrid models, and more than half of its fleet will be flex-fuel vehicles, able to run on either gasoline or ethanol-rich E85 ...
July 25, 2024 at 2:25 PM. The union representing workers a Lear Corp. plant in Missouri that makes seats for General Motors vehicles said Thursday it reached a tentative agreement with the company ...
Founded in 1908 as a holding company in Flint, Michigan, as of 2012 it employed approximately 209,000 people around the world. [ 1] With global headquarters at the Renaissance Center in Detroit, Michigan, United States, General Motors manufactures cars and trucks in 35 countries. In 2008, 8.35 million [ 2] GM cars and trucks were sold globally ...
The 2024 Cadillac Escalade-V rolled off the production line at a ceremony held at GM Arlington on Friday morning commemorating the plant’s 70th anniversary. The car will re-enter into GM’s ...
BrightDrop is a subsidiary [1] business created by the American manufacturer General Motors in 2021. [2] The business offers a system of connected products targeting first- and last-mile delivery customers, including light commercial electric vehicles, ePallets, and cloud-based software.
Genetically modified food controversies are disputes over the use of foods and other goods derived from genetically modified crops instead of conventional crops, and other uses of genetic engineering in food production. The disputes involve consumers, farmers, biotechnology companies, governmental regulators, non-governmental organizations, and ...
Paul Sancya/AP By James B. Kelleher DETROIT – General Motors (GM), already locked in a public relations crisis because of a deadly ignition defect that has triggered the recall of 2.6 million ...